One of the most common discussions we have with customers here at Quirk revolves around the question, “what can I afford?” Some customers like to focus on the short term monthly payments. While others prefer to look at the big picture of the total cost. Either way you slice it, Quirk has you covered. We’ve now included a payment calculator on all of our websites to help our customers gain a better understanding of what their monthly payments will be.

Here are a couple tips based on other commonly asked questions:

How much should I put down towards a vehicle purchase?

Generally we recommend putting down at least 20% of the vehicle’s sale price. This will not only make your monthly payments more manageable, but also help maintain equity in your vehicle.

What’s a good interest rate?

This is something that we tell people all the time is unique to every customer. The national average for auto loan interest rates is 4.21% on 60 months. One of the biggest advantages purchasing a new vehicle is that you can get a much lower interest rate! If your credit applies you can purchase a new vehicle for as low as 0% APR!

What determines a good deal?

Whether you lease or finance, do your homework! Know what you’re getting into before you make a decision. We want you to be just as happy day 1 as you are day 101.